Junior Pricing Analyst

Our opportunity

Junior Pricing Analyst with R

We are looking for an Junior Pricing Analyst with R coding skills to join our Life Protection Unit (LPU) team, a global function providing guidance, oversight, and development advice for all Zurich’s life technical needs. The successful candidate will support a wider rollout of Experience Insights, to additional business units (BUs) and products.

Experience Insights investigates past claims and persistency, in our Life Protection business, to set appropriate assumptions for pricing future business. This technology enables LPU/BUs to perform their experience analysis using a modern Data Science (DS) platform, automate routine tasks, and develop more sophisticated analytics and greater collaboration with LPU. The platform is a key enabler for executing Zurich’s Life strategy.

Your roleAs a Junior Pricing Analyst, your main responsibilities will involve: 

• Working in collaboration with actuaries to understand products, data, and methodology
• Working in collaboration with actuaries and data scientists (LPU & BUs) to develop R code for data preparation, ingestion and transformation
• Validating the implementation against any existing analysis for the relevant products
• Supporting LPU data scientists and Zurich’s Group Technology Office (GTO) team to align Azure tools with R code and to deploy new code into production
• Support implementation of RMarkdown/Power BI reports to document the data outputs and results and to support BUs in creating local best estimate basis reports
• Other ad-hoc tasks, such as reacting to business of the LPU in achieving the strategic goal of growing Protection business globally.  This may include building predictive models and supporting delivery change to the BU pricing models.

Your Skills and Experience

As a Junior Pricing Analyst, your skills and experience will ideally include:

• 1+ years’ experience of working in an actuarial or data science team and experience working in data/analytics
• Knowledge of insurance products, pricing, and experience analysis, preferably in life insurance is an advantage
• Actuarial training/education, or strong willingness to participate in actuarial tasks and to learn actuarial methods and practices is desirable
• University education (Master's degree) in financial mathematics, actuarial science, statistics, economics, quantitative methods, computer science or similar
• Strong R and data manipulation skills
• Knowledge in SQL, Python, and PowerBI a plus
• English language - spoken and written
• Strong communicator who can document and explain technical material to a high standard
• Interest in data research, predictive modelling, statistical analysis, data transformation and developing insights for use in business decisions

We offer

Compensation for roles at Zurich depends on a wide array of factors including but not limited to the specific role, skill set, level of experience, and subject to applicable law. Zurich thus provides a range of compensation aligned to internal job architecture and market benchmarks to ensure fair and consistent pay for comparable roles. The starting base salary range for this position is 2000 Eur.

Working time benefits

Personal days off, Concentrated work week, Additional vacation, Home office, Extra days off at occasion of childbirth, Sabbatical leave, Workation

Monetary benefits

Life insurance from Zurich Austria, Compensation for salary loss during sick leave, 3rd pension pillar contribution, Risk Life Insurance, Meal contribution on top of the legally required minimum, Years of service bonus, Wedding bonus, Baby bonus

Other benefits

Electronic cafeteria, Maternity leave benefits, Massages in the office

Learning/Development

Professional Certifications, Online Education Portals, Extensive Onboarding program, Strengths based culture (GALLUP)

• Location: Bratislava
• Schedule: full-time
• Form: presence min. 3x in the office

About us

At our company, we recognize the importance of fostering an open-minded, safe and inclusive environment for everyone. We stand with diversity and respect different backgrounds and lifestyles. That's why we've implemented numerous initiatives to ensure our employees feel comfortable, accepted, and respected at all times.